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	<title>Capital Credit &#187; National budget</title>
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		<title>Expensive oil will not rescue neither the Russian gross national product</title>
		<link>http://capitalcredit.us/2009/04/09/hello-world-2/</link>
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		<pubDate>Thu, 09 Apr 2009 21:59:33 +0000</pubDate>
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				<category><![CDATA[National budget]]></category>

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		<description><![CDATA[Expensive oil will not rescue neither the Russian gross national product, nor the budget. Analysts, having raised estimations of falling of the basic economic indicator to 7-8 %, have decided that at such landslide falling the tear in the budget-2009 can quite reach 9-10 % of gross national product. Moscow. On June, 26th. IFX.RU &#8211; [...]]]></description>
			<content:encoded><![CDATA[<p>Expensive oil will not rescue neither the Russian gross national product, nor the budget. Analysts, having raised estimations of falling of the basic economic indicator to 7-8 %, have decided that at such landslide falling the tear in the budget-2009 can quite reach 9-10 % of gross national product.</p>
<p>Moscow. On June, 26th. IFX.RU &#8211; Having understood with the Russian gross national product which has been unanimously sent on inclined, analysts have begun to count up the sizes of «a budgetary hole». It has as a result turned out almost as on the Ministry of Finance &#8211; the budgeted deficit in 2009 can appear above, than 8 % of gross national product planned now. To «sew up» a hole not to turn out even the high prices for oil. It is too much problems in real economy. Gross national product temperature: from a minus of 6,9 % to a minus of 8 %.</p>
<p>The sick consultation which has crowded near to bed Russian economy of experts continues to put to it diagnoses. Special optimism it is not observed, but opinions of analytical community have started to be consolidated round certain level that in itself it is not so bad. Analysts of investment bank Credit Suisse consider that in 2009 of gross national product of the Russian Federation will decrease, at least, on 6 % even under condition of the state financial stimulation and restoration in the credit markets, has reported Bloomberg.</p>
<p>As they say in the bank review, considering the last статданные and conservative forecasts of the government at budget planning, falling of gross national product of the Russian Federation in 2009, most likely, will be closer to a mark in 8 %. It is close to an estimation of the World bank. Let&#8217;s remind, one of these days ВБ has worsened the forecast of reduction of the Russian economy in 2009 from 4,5 % to 7,9 %, considering more considerable, than it was supposed, gross national product reduction in the first quarter (from 9,5 % to 9,8 % &#8211; according to Rosstat).</p>
<p>As it was informed earlier, gross national product of the Russian Federation in May, 2009 was reduced to 11 % by May, 2008, thus for January-May, 2009 economy falling has made 10,2 %. Taking into account the seasonal factor gross national product decrease in May by April has made 0,5 %.</p>
<p>Speaking about the forecast of falling of economy for 2009, Ministry of economic development and trade Andrey Klepach has noticed that «to make on a year of 6-8 % at today&#8217;s 10 % is a heroic act for our economy». Analyst Barclays Capital Elena Lukoyanova considers that gross national product of the Russian Federation will decrease in 2009 on 6,9 %. Such forecast &#8211; some kind of «heroism».</p>
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